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2426 W Gleitze Drive

Logansport, IN 46947

ActiveListed May 1, 2026 · 36 days on market

Key facts

Beds
2
Baths
1 full
Living area
632 sqft
Lot
5.62 acres
Year built
1936
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22098467
County
Cass
Subdivision
No Subdivision

About this home

Explore the incredible potential of 5.62 acres with direct frontage on the scenic Wabash River. This unique property is the ultimate opportunity for a buyer looking to build equity and create a customized riverfront retreat from the ground up. Much of the intensive site preparation is already complete, as the land features three separate septic systems, three wells, and power already ran to three different locations across the acreage. The property includes two residential structures and a large barn, offering a versatile footprint for a primary home, a guest house, or a creative workshop. One residence has been gutted to the studs and is a clean slate ready for your design, while the second home is ready for a full renovation to bring it to its full potential. The spacious barn provides excellent storage for tools and equipment as you bring your vision to life. This property is situated in a 100-year flood zone and is sold as-is, offering a rare combination of significant existing infrastructure and a sprawling, waterfront location just waiting for the right person to make it their own.

Description provided by the listing brokerage.

Interior

Interior features
Attic Access
Rooms
3
Main-level bedrooms
2

Exterior

Foundation
Crawl Space
Parking and garage
Detached

Systems

Water
Private

Schools

Elementary school
Fairview Elementary School
High school
Logansport Community High School
School district
Logansport Community Sch Corp

Taxes

Estimated annual tax
$1,894 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$832per month, estimated
Principal and interest $630Property tax $158Insurance $44
20% · $25,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$125,000
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